I just bought a Vuscape at best buy as well, and so far I like it quite a bit. I still might return it if something better comes along but i may well keep it. The "grabbers" hold the iPad in quite securely, opening and closing is easy but still feels secure, and when its closed it has a good balance of thin vs well-protected.
The one big downer so far is that I don't like the "third" stand position, which I guess is supposed to be for typing. It basically relies on the iPad leaning on the bent-over back cover, which a) is too low an angle and b) causes the iPad to bounce as you type. A third ridge in the front cover, about halfway from the second ridge to the edge, would be far preferable.
